August 16, 2010 | Palo Alto, California: MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced that its ComplianceOnline portal has been listed by the National Association of State Boards Of Accountancy (NASBA) as a sponsor of Continuing Professional Education (CPE). ComplianceOnline can now distribute CPE credits to individuals who attend its online training programs, making them eligible for higher certification.
NASBA is a non-profit association that assists and regulates the effectiveness of the U.S. state boards of accountancy. In 1990, NASBA developed the National Registry of CPE Sponsors to recognize trainers who provide continuing professional education (CPE) programs in accordance with nationally recognized standards. These programs enable Certified Public Accountants to maintain active licenses and increase professional competence.
This association is a reflection of MetricStream’s continued efforts to provide its customers with high quality accredited training content as part of its world-leading Governance, Risk and Compliance software platform. Combined with access to thousands of regulatory sources from across the globe, MetricStream is a one-stop source for content, training and enterprise software for Finance, Accounting and Audit professionals
The names of approved CPE program sponsors are published in a listing distributed throughout the country via the Internet and in printed format. State boards of accountancy and their licensees can refer to this listing to identify and select CPE program sponsors.
"We are extremely happy to be among the few compliance training providers chosen as CPE program sponsors. It is a testament to the quality of training that we provide," says Gaurav Kapoor, CFO and General Manager at MetricStream. "In the future, we hope to reach out to more people and deliver best-of-breed training to enhance skills and competency in the areas of corporate governance, risk management, regulatory compliance and auditing."
Founded in 2002, MetricStream's award-winning ComplianceOnline portal provides information, consulting and training resources to help companies meet regulatory requirements and industry standards for quality. With over 500 experts, 1,000 training courses and 25,000 digital standards, ComplianceOnline has emerged as the largest online destination for Governance, Risk, Compliance, Audit and Quality Management professionals.
Members of ComplianceOnline receive quick and easy access to relevant information on Corporate Governance, Risk Management, Compliance and Quality Management. Some areas of highest interest on ComplianceOnline are from companies that are in:
Through ComplianceOnline, organizations are also connected directly to a vast pool of experts and consultants with the right experience and knowledge. Information is exchanged through a variety of channels such as online training programs, alerts, vertical searches, discussion forums and best practice libraries.
Before being certified for the CPE program, ComplianceOnline had to rigorously demonstrate its ability to meet the program requirements. The training material had to be based on specific learning objectives and outcomes, courses had to be effectively designed and technically accurate, participants had to be monitored and instructors had to be qualified. ComplianceOnline was fully able to meet these requirements and become part of NASBA's National Registry of CPE sponsors. Since its registration, ComplianceOnline has completed one training webinar on Understanding the new NAIC (National Association of Insurance Commissioners) Model Regulation, with credits allocated to participants. The Complete list of NASBA certified trainings is available athttp://www.complianceonline.com/partner/resources.jsp?partner=NASBA
MetricStream is the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management Solutions. MetricStream solutions are used by leading global corporations in diverse industries such as Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing to manage their risk management programs, quality management processes, regulatory and industry-mandated compliance and other corporate governance initiatives. MetricStream’s customers include UBS, Société Générale, Pﬁzer, Philips, Cummins, Kellogg’s, Mondelez International, SanDisk, and NetApp. MetricStream also owns and operates the www.ComplianceOnline.com portal - the largest GRC advisory network and one of the largest GRC communities. MetricStream is headquartered in Palo Alto, California, USA (www.metricstream.com).